Geneva Managing Director Retires

ADMIN
Mon, Jul 17 2023 02:55 pm

Media Release 17th July 2023


Geneva Managing Director Retires

David O’Connell, the Managing Director of Geneva Finance Limited, advises that he is retiring from Geneva, effective 11th August 2023, to pursue personal business interests and spend more time with his family. Mr Malcolm Johnston (serving on the Geneva board since February 2020) will take over as Managing Director, for an interim period as the board works through various options.

David who has been at the helm of Geneva since the company was in moratorium (2008) has steered the business to where it is today and notes; “Geneva is in a very good place, with a strong executive team and both the Insurance and lending operations, In particular, now experiencing very good growth. I have every confidence that under Malcolm’s leadership the team will capitalise on this to further enhance and grow shareholder returns and value.

Finally, I want to take this opportunity to thank all the staff at Geneva who have contributed to the achievements of the company to date.”
ends

[email protected]


Announcement PDF


Markets News

PE eyes Fletcher's Oz assets as NZ investor hunt stalls
Infrastructure

PE eyes Fletcher's Oz assets as NZ investor hunt stalls

Investment bank is understood to have halted the search for residential investors.

Markets

ComCom cold on Manawa takeover

Regulator worries about market concentration.

Ian Llewellyn 06 Feb 2025
ComCom cold on Manawa takeover
Markets Market Close

Volatile stocks drive NZ sharemarket down nearly 0.5%

The S&P/NZX 50 Index closed at 12.844.59, declining 60.45 points or 0.47%.

Graham Skellern 05 Feb 2025
Volatile stocks drive NZ sharemarket down nearly 0.5%